The corporate debt restructuring cell has not received any new case during the six-month period ended September. Lenders, however, have intimated the cell about recasts of two accounts whose package had earlier failed, chairman of the cell Viney ... Financial Express, 3 days ago
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Mumbai : As part of its effort to rein in bad loans, the Reserve Bank of India (RBI) on Thursday modified Joint Lenders' Forum norms to ensure mandatory presence of representatives of two systematically important banks - State Bank of India (SBI) ...NDTV Profit, 2 weeks ago
The Reserve Bank of India's decision to streamline the recovery of stressed assets by setting up Joint Lenders' Forum will ease the number of cases referred to the corporate debt restructuring (CDR) cell. As on June 30, 2015, the total number of live cases ...The Telegraph, 2 weeks ago
Corporate Debt Restructuring (CDR)s have met with limited success in reviving stressed loans owing to poor evaluation of business viability and lack of effective monitoring Image: Shutterstock Overview of Stressed Assets Market Media reports ...Forbes India, 1 month ago
File photo: RBI Governor Raghuram Rajan Mumbai : As criticism about the misuse of the recently-formed joint lenders' forum (JLF) mounts, Reserve Bank of India Governor Raghuram Rajan has said the central bank will shortly announce some measures ...NDTV Profit, 1 month ago
By Iqbal Khan On the July 27, 2015, the Joint Lenders Forum (JLF) for Electrosteel Steels (ESL) threw the company a much-needed lifeline. Saddled by over Rs 9,500 crore of debt, the Kolkata-based firm had few viable options left after it failed to ...Economic Times, 2 months ago
As the ruling National Democratic Congress, NDC, gets set for its primaries in November this year, one issue that has engaged the attention of political pundits and party insiders is that of President John Dramani Mahama's running mate in the 2016 ...Modern Ghana, 1 day ago
Mumbai: Creditors of Hyderabad-based road developer IVRCL Ltd are pushing for a strategic debt restructuring (SDR) that may involve taking over the firm's management, as a recast of the Rs. 7,000 crore it owes appears at the risk of failure, ...Livemint.com, 1 week ago
Moneycontrol.com Here are stocks that are in news today: 220 builders under CREDAI NCR have decide to boycott UltraTech Cement & Lafarge : Sources CREDAI (Confederation Of Real Estate Developers Associations Of India) NCR says -Passes ...MSN News US, 1 week ago
Sources added that Brazilian steelmaker Gerdau has shown an interest in acquiring a stake in Visa Steel. (Reuters) Lenders to Kolkata-based Visa Steel have decided to convert a large portion of their loans into equity using the Reserve Bank of ...Financial Express, 2 weeks ago
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